Transaction secures the benefits of 93 pensioners and 84 deferred members
Broadstone says stability at higher levels of scheme funding is increasing demand
Government’s DB options consultation sparks concern among sector
Providing schemes access to surpluses could be of ‘great benefit’ to sponsors and members
Industry warns of ‘bleak future’ as FCA unveils 2022/23 retirement income market data
Organisations have warned against the collecting of ‘endless items of data’
Communication, member protections and transfers just some of the aspects to prioritise
Broadstone said the acquisition will help deepen its credit risk and analytics portfolio
Launch follows pilot scheme last year which saw more than 20 schemes transact
More schemes are in surplus, with an aggregate surplus of £455.5bn seen in March